Threats and opportunities

29 September 2005

What threats and opportunities face the conveyancing profession, and what do you think - let us know. A straw poll conducted recently revealed the following, and they are worthy of your comment and consideration:

Threats:

Slowing property market - less demand;

Increased competition amongst conveyancers (lower margins);

Financial institutions using technology to monitor performance;

New property legislation - many unknowns;

Local authority and Deeds Office delays;

SARS initiatives to check taxes before transfer; and

Zimbabwe style land anarchy.

Opportunities:

Tech savvy firms can still do well;

Decreasing bandwidth/Internet/telephony costs;

Rates, SARS and other electronic initiatives;

Many new land parcels to be unlocked;

General economic growth still strong; and

SA considered under borrowed - new bond opportunities.

So, let us know either by emailing me, John de Villiers or by adding them below and we will publish your views.